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UzVC is a fund of funds which backs exceptional managers - both local and international - who are unlocking opportunities in Central Asia's fastest-growing economy of Uzbekistan.
Techstars Uzbekistan Startup Community Programs 2026
{ Who we are }
UzVC is Uzbekistan's first VC firm, now operating as a government-backed fund of funds under the Ministry of Economy and Finance. Our mission is to empower and accelerate our national startup ecosystem.
Beyond capital deployment, we're active ecosystem developers who have built meaningful relationships with key stakeholders across the international innovation landscape. Our track record includes significant contributions to Uzbekistan's startup community - from launching acceleration programs to fostering connections between founders, investors, and government partners.
{ UzVC in numbers }
UzVC impact is reflected in the numbers.
Startups
14
Direct startup investments
$1M+
Capital deployed
~3x
Markup Multiple
$6M+
Portfolio TTM Rev
30+
Startups accelerated
Funds
4
Fund investments
$100M
Amount invested
7
Backed startups
{ Our team }
Dilshod Khashimov
Chief
Executive
Officer
Abdulazal Toshkhujaev
Managing
partner/ Deputy CEO/ Investment Director/ Head of startup growth center
Ilkhom Norkulov
Board
Chair
We're operators and investors obsessed with delivering tangible results, building high-impact connections, and creating real value for our entrepreneurs and investment partners.
{ Insights }
Explore our perspectives holistically connecting macro and micro trends — by following us you will witness the best of what's happening in the Uzbek market.
TechstarsGlobalSession
The discussion focused on what a founder’s mindset should look like, what investors value most at the early stage today, why startup ecosystems cannot grow without international integration and the role global accelerators such as Techstars play in this process.
BetterFutureAccelerationProgram2026
A panel discussion featuring key representatives of Uzbekistan’s venture ecosystem was held as part of the Better Future Acceleration Program.
{ Our partners }
We collaborate with reliable partners who share our values and contribute to the development of joint initiatives.